UK exports to the United States have slumped to their lowest level in more than three years, as Donald Trump’s renewed tariff regime continues to weigh heavily on British trade.
New figures from the Office for National Statistics show that the value of UK exports to the US fell by £500 million in September, an 11.4% drop month on month, taking trade back to levels last seen in January 2022.
The ONS said exports have “remained relatively low since the introduction of tariffs in April”, when the Trump administration imposed a 10% baseline tariff on most UK goods. Although this is lower than the tariff rate applied to many other countries, it represents a significant step back from the tariff-free access British exporters previously enjoyed.
The decline has come despite the trade agreement struck between President Trump and Prime Minister Keir Starmer earlier this year, which removed US tariffs on the UK aerospace sector and lowered duties on car imports from 25% to 10%.
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